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How Digital Innovators Capitalize On Subscription Businesses

PYMNTS

Some providers are capitalizing on the concept by launching new services that offer access to premium content such as newspapers and magazines in exchange for a monthly fee. subscription box market by 2022 is £1b. It would now include some 300 magazines — not only newspapers — for a monthly fee of just under $10 at $9.99.

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Goldman Sachs Celebrates First Retail Year and Its Online Deposit Platform

PYMNTS

After a full year in service, Goldman Sachs Bank USA is celebrating its first full year in retail and its online deposit platform’s success. Since its inception a year ago, the online deposit platform, which Goldman Sachs purchased from GE Capital Bank, has garnered $4 billion deposits without a major marketing push.

Online 100
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Guitar Center Troubles Aside, Pandemic Tunes Musical Instrument Sales

PYMNTS

Not surprisingly, Reverb , the largest online musical instrument marketplace, said it has seen a significant increase in pandemic-era sales. 2 press release, consumers' increased preference for online shopping, as well as traditional efforts like increased marketing, have also helped drive results. We feel very lucky.”.

Retail 218
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Wall Street’s Pullback Shows Hot IPOs’ Inherent Risks

PYMNTS

stock market selloff — with major indexes down as much 5 percent despite no obvious catalyst in sight — serves as a reminder that sentiment rules investors’ mindsets, perhaps more so than fundamentals. For example, shares of online car buying firm Vroom might have fallen some 12 percent Thursday (Sept. Thursday’s steep U.S.

Video 108
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No Rest For Ghost Kitchens As Restaurants Reopen

PYMNTS

However, despite their utility and consumer value, ghost kitchens might be headed for a market correction. locations leased for CloudKitchens’ use, only about 10 were online as of mid-May. Haunted by Overhead. Recent reports suggest that out of 70 U.S. Ghost Kitchens Are Still Alive (With Possibilities).

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AdoreMe: Giving Lingerie A High Tech Touch

PYMNTS

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. We’re focused on capital efficiency,” he noted. Marketing activities are closely tied to the team’s experiments. “To

UX 210
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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

2022 Workplace Culture Report found a big disconnect in how employees value online training and virtual meetings. Thirty-five percent of workers said they often mentally check out of online employee training, and 31% often check out of virtual team meetings. The truth is over time too much virtual can fray the fabric of the culture.